Provided the sea corridor operates stably, in the first quarter of 2024 iron ore exports could reach 2-3 million tons per year. “That is for all Ukrainian manufacturers. Before the full-scale Russian invasion, Metinvest alone exported 2 million tons of iron ore per month. Yet, there is a potential to expand other exports – metals,…
In case the marine corridor in the Black Sea operates stably, Metinvest could considerably increase sea shipments of its iron ore products. “If the corridor operates stably, there is a possibility that by the end of Q1 2024 we will have increased the capacity loading of our GOKs from 35-40% in 2022 to 75-80%,” Metinvest…
Under its “Steel Front” military initiative, Metinvest has provided soldiers of the diversion-assault group Bears with ten radio stations and a thermal imager. The main advantage of the new equipment is its small size and weather resistance. Earlier, the Bears received a batch of military clothes and boots, bulletproof vests and thermal imaging sights. In…
There is no alternative to opening the Big Odesa ports in iron ore exports. A careful optimism has appeared on the market thanks to vessels with ore that have recently left the ports, the Metinvest CEO Yuri Ryzhenkov has said. Traditionally, Europe accounted for not less than 10% of Ukrainian iron ore products export, mostly…
Opendatabot, the service of monitoring registration data of companies and court registry, has published its first index of major enterprises of Ukraine with flawless business reputation – 10 in each category. 9 Metinvest enterprises have made it to the index. Thus, the first edition of the index includes Zaporizhstal (No. 1), Kametstal (No. 3) and…
Russian troops have already destroyed several hundred fakes – precise replicas of the newest American and European weapons. “Ukraine actively replaces howitzers, tanks, mortars and radars with dummies to force Russians waste their drones, missiles and shells,” CNN reports. Fakes are made by Metinvest. “After each hit, our military bring us the remnants. If the…
Metinvest has launched mass manufacture of engineering structures acting as catchers of Lancets (Russian kamikaze drones), protecting expensive military machines from the enemy drone attacks. So far, Metinvest has provided the Armed Forces of Ukraine with 32 structures free of charge, which are already in use at the hottest spots of the front. “Metinvest steel…
In January-June, Metinvest Group paid more than 6.3 billion UAH of taxes to the budgets of all levels. In particular, 1.5 billion UAH accounted for the single social payment, 1.5 billion UAH for the individual income tax and more than 1 billion UAH for the profit tax. The group also paid 872 million UAH for…